100 Peter Ln - Fast Food FOR SALE


New Hope, AL 35760
$1,667,000 USD
941-504-4222
100 Peter Ln, New Hope, AL for Sale
$1,667,000 USD
Fast Food - FOR SALE
1/2
null | 6% Cap Rate

100 Peter Ln
New Hope, AL 35760


HIGHLIGHTS

  • Situated on US 431 with excellent visibility and access
  • Long-term NNN lease in place with rent escalations aligned to national benchmarks—ideal for passive income streams
  • Fully leased to Burger King, a proven fast-food concept with strong national brand recognition
  • Standalone pad site offering exposure to over 16,000 cars per day, drive-thru, and dedicated parking—ideal configuration for consistent customer flow
  • Located just north of Guntersville Lake, which spans 69,000 acres and is a highly traveled vacation spot across the region
  • Guntersville Lake is visited by nearly 500,000 people per year, and is second home to many throughout Alabama and Tennessee

OVERVIEW

Franklin Street is pleased to present the exclusive offering of a single- tenant Burger King located at 100 Peter Lane, New Hope, Alabama. Positioned along the US Highway 431 with exposure to over 19,000 cars per day, this freestanding location benefits from excellent visibility, easy access with multiple points of ingress and egress, and dedicated on-site parking. The site is strategically located in a growing area of north Alabama within 20 minutes to downtown Huntsville to the North and 20 minutes to Lake Guntersville to the south. The property is leased to Burger King Corporate under a long-term NNN lease, offering a passive investment with zero landlord responsibilities. This location represents one of Burger Kings latest prototypes, featuring modern design elements and optimized layouts for dine-in, pickup, and third-party delivery— driving strong performance across multiple revenue channels. With Burger Kings operational strength and national brand recognition, this asset delivers dependable cash flow backed by a one of the oldest and most recognized companies in the world. Huntsville is one of the fastest-growing cities in the Southeast, supported by strong military, aerospace, technology and engineering. Huntsville is ranked as one of the most educated cities in the United States with nearly 50% of its residents having a bachelors degree or higher.

FOR SALE DETAILS

PRICE

$1,667,000 USD

PRICE/SF

$826 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

B-2

APN/PARCEL ID

22-08-33-0-000-018.000,22-08-33-0-000-019.000,22-09-32-0-002-001.000,29-02-04-0-001-001.000

ASK ABOUT THIS PROPERTY

Justin SturdivantFranklin StreetMore Info
941-504-4222

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Justin SturdivantFranklin StreetMore Info
941-504-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.